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Do you know what you would do if your employer offered you an early retirement package? Before you rush into an answer, I have 4 questions for you to consider. Given the present economic climate, this is an important consideration. On this episode, we\\u2019ll also talk about survivorship bias and what you can learn from it. Then I answer a listener question about alternative minimum tax and donor-advised funds. Lastly, we\\u2019ll discuss 3 different retirement headlines. Don\\u2019t miss out if you have been considering taking an early retirement package from your employer.\\xa0
Survivorship bias can often leave us dead wrong. We often look to the successes to try and learn how to succeed ourselves. This is often because we don\\u2019t see the failures. But in failure is where we can find the lessons to be learned. For every Amazon or Apple, there are hundreds of potential ideas that didn\\u2019t pan out. Next time you plan for success look to the failures to guide you. Listen in to hear an interesting story of how to learn from failure.
I don\\u2019t often get questions about alternative minimum tax (AMT) so I am excited to share some insight on this one. According to the American Endowment Foundation, there are 5 primary tax benefits to becoming a donor with a donor-advised fund (DAF).
I recently read an article from CNBC about employee buyouts. Delta airlines is offering a buyout package to its employees since under the conditions of their federal aid package they cannot layoff or cut the pay of any workers until September 30. Those who qualify for early retirement would receive up to 26 weeks of severance, 2 years of medical coverage, and a year of travel benefits. Given the current economic climate, Delta may not be the only large company we see offering buyouts in the coming months.\\xa0
Have you considered what you would do if your employer offered you an early retirement package? I chose to highlight the article about Delta\\u2019s buyouts to get you to think a bit about what to do if you are offered early retirement. Here are 4 questions to ask yourself if your job offers you an early retirement package.\\xa0
Listen in to hear what you should consider when offered an early retirement package and to learn why you might not want to give too much notice of your retirement.\\xa0
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